Confirmation of Payee (CoP) is a name verification service that checks whether the account name provided matches the name registered with the recipient's financial institution before you send a payment.
This guide covers:
- Key Benefits: Why CoP matters
- How CoP Works: The verification flow specific to CoP
- Getting Started: Links to implementation guides
Key Benefits
- Fraud Prevention: Confirm account ownership before disbursing funds, catching misdirected payments before they happen
- Reduced Errors: Identify typos and incorrect account details before a payment is sent
- Customer Confidence: Give assurance that funds are reaching the right recipient
- Compliance: Retain a verifiable record of each name check result, supporting dispute resolution and demonstrating due diligence before sending funds
How CoP Works
CoP uses the bank account details you provide to query the NPP network, comparing the account owner name against the name registered at the recipient's financial institution. The result is either a match, a close match, or no match — each indicating whether to proceed with the payment or review the account details.
The check runs asynchronously and you are notified when it completes. For a full description of the verification flow, see the Getting Started with CoP guide.
Getting Started
The guide below walks you through the full CoP verification flow:
Additional Resources
- Payment Instruments: Getting Started - Create and manage payment instruments
- Webhook Overview - Set up real-time CoP notifications
- CoP Webhooks - Webhook event reference